ZEC shows a bullish daily trend with some mixed signals.

๐ŸŸข LONG $ZEC /USDT: expecting price to go UP
Bias: LONG ยท Leaning

Entry: 1232.99 โ€“ 1235.39
TP1: 1255.41 (+1.7%)
TP2: 1269.55 (+2.9%)
TP3: 1290.77 (+4.6%)
SL: 1205.90 (-2.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.
Note: moderate conviction only, keep size light.

Why LONG? Leaning call, 5/12 signals agree, 1 against, 6 undecided.
โ€ข Daily trend: price > EMA50 > EMA200, bullish stack โ†’ the big-picture trend is up
โ€ข 1h RSI: 58.0, bullish momentum (above 55) โ†’ buyers have the momentum
โ€ข Short-term momentum (15m): RSI z-score +1.65, last candle +0.05%, buyers pressing โ†’ buyers are pushing right now
Risk: 4h RSI: 44.8, bearish momentum (below 45) โ†’ sellers have the momentum

Quick ZEC read:
1. The daily trend is bullish, with price above key moving averages.
2. The 1h RSI shows buyers have momentum, sitting at 58.0.
3. The 4h RSI is at 44.8, meaning sellers have momentum, which argues against this.

Where would you place your stop if you were shorting from here?

Full setup on the chart below.

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โš ๏ธ Personal market analysis only. NFA โ€” manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.